Indian Prime Minister Narendra Modi is expected to sign an agreement to purchase more weapons systems during his visit to Israel on Tuesday, Indian media outlets have
Over the past few years, India has shown interest in buying additional weapon systems from Israel, including the Phalcon early warning, command and control and intelligence planes or drones. The $1 billion-Phalcon deal, also considered to be a huge contract, has yet to be implemented even though it was approved by the Indian cabinet.
Last year, the Indian government signed two large deals with the Israel Aerospace Industries, a government-owned company that develops and sells defense and weapons systems.
IAI reported the signing of the deals in the past few months: One worth almost $2 billion includes the land-based version of the Barak 8 air defense system, as well as the naval version to be installed on the Indian navy’s aircraft carrier.
The second deal, worth $630 million, was signed with the Indian state-owned company Bharat Electronic Limited for the installation of the Barak 8 systems on four navy ships.
This aerial defense system was developed as a joint project between India and Israel, and the sales are a continuation of the policy of cooperation between the countries.
One of India’s top weapons suppliers, Israel has been most enthusiastic on the ‘Make in India’ initiative and is keen to shift its production lines in partnership with the Indian private sector.